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Producer Jerry Bruckheimer revealed to THR:
We have an outline everyone loves but the script is not done.
The studio also wants to avoid another bloated disaster such as the performance of Gore Verbinski’s The Lone Ranger, the project that has Depp and Bruckheimer attached .
President of Production Sean Bailey told Deadline:
Like audiences around the globe, we have high expectations for Jack Sparrow’s next adventure and we want to have all the right elements in place. We’re not there yet and we want to make sure this project is everything these wonderful characters and of course the fans deserve.
Besides, Disney’s 2015 summer schedule is already jam packed with Ant-Man coming out at the end of July, as well as releasing of Joss Whedon’s The Avengers: The Age of Ultron, J.J. Abrams’ Star Wars: Episode VII, and Pixar’s Inside Out that same season.
Filming for Pirates 5, which the title of the film is the theme-park friendly phrase Dead Men Tell No Tales, is expected to begin later this year.
We’ll keep you updated with any new developments.